Manufacturing and Commerce, were the sectors that most influenced the year-on-year growth of 3.1% registered during the first quarter of the year.
From a statement issued by Banco Central de Honduras:
The overall result of the GDPT - seasonally adjusted - during the first quarter of 2018 compared to the fourth quarter of 2017 was 0.9% higher, mainly explained by an increase in external demand.
Financial Intermediation and Public Administration, were the sectors that most influenced the annual growth of almost 5% registered during the past year.
From a report by the Central Bank of Honduras:
In the last quarter of 2017, the national economic activity measured with the Quarterly Gross Domestic Product (GDPT) showed a quarterly increase of 0.1%, the effect of a combination of both internal and external unfavorable factors; meanwhile, it stood at 3.6% year-on-year (compared to the same quarter of 2016), both variations measured with the seasonally adjusted series of GDPT at constant prices.
For the second consecutive year, the Nicaraguan economy has grown by more than 5%, maintaining the impetus registrated for 2011, when it grew by 5.4%.
The recent history of Nicaragua's economy is marked by ups and downs, averaging annual growth figures of 4%.
In presenting the macroeconomic statistics for 2012, authorities from the Central Bank of Nicaragua highlighted a record $2.677 billion in exports which is 18.3% greater than that achieved in 2011, an increase in foreign investment, which totaled $1.102 billion , and the contribution of remittances, which totaled $1.114 billion.
The main productivity issue in Latin America is that countries spend too many resources in small, underproductive companies.
In the 1960s, Latin America had a per capita income of 25% of that of the United States, but it has dropped to 16%. On the contrary, several Asian nations that had in 1960 much lower incomes than the region are now joining the ranks of high income countries.
One year after the fall of Lehman Brothers, SECMCA analyzes the international situation, and Central America's perspectives and current situation.
Production continues to fall, as evidenced by the Central American Monthly Economic Activity Index, confirming a process started on the last trimester of 2008. June's variation was -1.9% when compared to the same month of the previous year.
Inflation, Economic Growth, Trade, Fiscal Sector and the Monetary Sector.
Regional inflation has considerably decelerated in the past quarters, as a result of the application of a series of prudent monetary policy measures, and some exogenous factors related to the abrupt deceleration of the global economy.
However, after overcoming the worst phase of demand reduction and now witnessing signs of economic recovery, there is upwards pressure, fueled by increases in the international price of commodities, inflation imported from trade partners, and a reduction of liquidity in domestic markets.
Fitch expects that Latin America’s real GDP will contract by 0.9% in 2009, with Brazil’s economy stagnating at best and Mexico contracting by over 2%.
Latin American economies have recoupled with the crisis in the developed economies. Since September 2008, Latin American countries have been buffeted by stronger external headwinds, as evident from the fall in regional currencies and stock markets and from widening bond spreads.
Inflation is declining and economic growth is decelerating - Analysis of the Executive Secretary of the Central American Monetary Counsel.
The excessive volatility in the financial markets and the low investor and consumer confidence levels are omens that the crisis is going to last, which is being translated into lower levels of consumption and investment and high unemployment rates in the most developed countries.
Global Economic Slump Challenges Policies. World growth is projected to fall to ½ percent in 2009, its lowest rate since World War II.
Despite wide-ranging policy actions, financial strains remain acute, pulling down the real economy. A sustained economic recovery will not be possible until the financial sector's functionality is restored and credit markets are unclogged.
Global Economic Slump Challenges Policies. World growth is projected to fall to ½ percent in 2009, its lowest rate since World War II.
Despite wide-ranging policy actions, financial strains remain acute, pulling down the real economy. A sustained economic recovery will not be possible until the financial sector's functionality is restored and credit markets are unclogged.
According to to the latest report form CEPAL, Latin America will experience a growth of 4.8% led by Peru and Panama.
Appearing second on the list is Panama with a growth of 8%, while among the countries with lesser growth is Nicaragua whose projected growth is 3%.
The executive secretary of CEPAL Alicia Barcena, stressed that this year Latin America will have had five years of sustained GDP growth per capita with a rate exceeding 3%
Economic growth is slowing down in Central America, but economic activity is still positive in spite of the slowdown in the United States, says the Central American Monetary Board in its June report.
The numbers from the board's Monthly Economic Activity Index for the firs three months of this year show a process of deceleration in both short- and long-term trends and a downturn in the business cycle.